empty the DFS for Khnaiguiyah had a high case of US$250m, but that was based on zinc price of US$1.05
Current commodity prices adds around $1b more dollars of revenue already, so the NPV would be significantly different from above.
of course, this is all still intangible while the status of Saudi is "who knows???" and shouldnt be factored in until some serious progress is made, but just anecdotally, i had a long chat with justin recently, first one in a long time, and his take on Saudi is that they are also trying to resolve their inefficiencies, and much like Oman, it is all only a matter of time.
what i like about that is it offers some more blue sky beyond the current trajectory of Oman.
over the coming year, the market will respond favourably to news about mine construction, finance terms, acquisitions, strategic partnerships, first pour, first payments etc, and then it will probably plateau out for a bit...but KSA could potentially then be coming on line too, just in time to keep the growth pattern going.
AUQ Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
